Touring the grounds of Pine Run Retirement Community, in Doylestown, Pa., it's easy to see the appeal for its 450 or so residents. Opened in 2019, Pine Run's $13 million community center feels airy and modern. It's a one-stop shop where residents can enjoy a meal in a fine-dining room or casual café, grab a drink at the bar, work out at the fitness center, swim laps in the pool, catch a lecture or movie at the auditorium, or visit the library, sundry store or salon.
Elsewhere on the 43-acre campus, villagers can tend to plants at a greenhouse, tap into their creative side at the craft barn or stroll on a walking path safe from traffic. Villagers can sign up for day trips to area events and attractions and choose among more than 50 committees, clubs and special-interest groups to join, ranging from a bird-watching club to a group that creates programming for an in-house TV channel.
Like Pine Run, most continuing-care retirement communities strive to deliver a vibrant, active culture for residents. But the core mission of a CCRC—also known as a life-plan community—is to provide a setting where retirees can shift from independent living to higher levels of care as they age. When you’re still able to live independently, you may choose a stand-alone home or apartment, depending on the CCRC’s offerings. Typically, a CCRC also has assisted living for those who need some help with daily activities, a skilled-nursing facility—whether for shortterm needs, such as recovering from an illness or surgery, or for long-term care for chronic conditions—and a memory-care unit for those who have dementia.
Denne historien er fra November 2022-utgaven av Kiplinger's Personal Finance.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra November 2022-utgaven av Kiplinger's Personal Finance.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
My Top 30 Index: An Update
A year ago, I put together what I called \"my own reinvention\" of the Dow Jones industrial average, the popular 142-year-old large-cap index.
Balance Your Risk and Reward
These new ETFs let you cut stock market losses. But you'll sacrifice some gains.
IS A HYBRID CAR RIGHT FOR YOU?
Hybrids offer a fuel-saving option for drivers who have reservations about all-electric vehicles. But there are trade-offs.
HOW TO REACH YOUR INVESTING GOALS
Patience helped these four investors make their portfolios work for them.
WHERE TO INVEST NOW
Expect a lot of midyear churn, with a rally toward the end of 2024.
TIPS FOR FINANCING A HOME PROJECT
I recently had a call with a client who was looking to fund the construction of a swimming pool at his house.
MORE WOMEN THAN EVER ARE STARTING BUSINESSES
Retail and travel businesses, along with health, beauty and fitness, are popular with women entrepreneurs.
Finding Home Health Care
It’s important to hire a caregiver you trust.
UNDERSTANDING BOND FUND YIELDS
What's a 30-day SEC yield? A trailing 12-month yield? A yield to maturity? We explain what each measure says about an income fund.
ANSWERS TO YOUR QUESTIONS ON STUDENT LOANS
If you have federal student loans, you may benefit from new government policies. Here's what you need to know.